clean energy

Keyword: clean energy

16 results found

Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York City comptroller and chief financial officer, he’s the investment advisor and custodian for the city’s five public pension funds. In the role, he oversees the investment guidelines and allocations strategy […]

OMERS’ portfolio company acquiring solar energy development platform

The Caisse de dépôt et placement du Québec is investing $35 million in a new energy transition fund from Quebec-based equity firm MacKinnon Bennett & Co. The investment is part of a larger $145 million commitment alongside the Canada Growth Fund, Investissement Québec and BDC Capital. The fund will target growth-stage businesses commercializing emission reduction […]

  • By: Staff
  • August 23, 2024 September 4, 2024
  • 15:00

To reach 2050 net-zero targets, investment volume in U.S. and European clean power markets has to be scaled on an annualized basis from now until 2030, said Daniel Sausmikat, partner of origination and execution at InfraRed Capital Partners, during the Canadian Investment Review‘s 2024 Global Investment Conference held in April. However, progress isn’t going to […]

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The Caisse de dépôt et placement du Québec and Gildan Activewear Inc. have reached an agreement that will see the Montreal-based apparel manufacturer issue $200 million in senior unsecured notes on a private placement basis to the investment organization. Gildan will issue notes with an annual interest rate of six per cent and will mature […]

  • By: Staff
  • May 9, 2024 May 9, 2024
  • 15:00
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The New York City Employees’ Retirement System, Teachers’ Retirement System and Board of Education Retirement System signed an agreement with the Royal Bank of Canada to publicly disclose its financing ratio of low-carbon energy to fossil fuels. The investment organizations are mandating RBC, as well as Citigroup Inc. and JPMorgan Chase & Co., to adhere […]

  • By: Staff
  • April 10, 2024 April 10, 2024
  • 15:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider Intact Financial Corp. The investment organization will sell about 2.3 million shares at a price of $227.10 per share, resulting in gross proceeds of approximately $525 million. Once the transaction […]

  • By: Staff
  • February 29, 2024 February 29, 2024
  • 15:00
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Two New York City pension funds are pushing the Royal Bank of Canada to disclose more details on its clean energy funding. The shareholder resolution filed by the New York City Employees’ Retirement System and Teachers’ Retirement System of the City of New York asks that the bank fully report a ratio of how its clean […]

The Investment Management Corp. of Ontario believes an increasingly icy dynamic between the U.S. and China could lead to heightened volatility for institutional investors this year, says Nick Chamie, the IMCO’s chief strategist and senior managing director of total portfolio and capital markets. “If we’re no longer zeroing in on maximizing economic efficiency, we’re no longer […]

Caisse investing in wind and solar projects, AIMCo in German real estate

A Northern Ontario-based hydroelectric power company owned by the Public Sector Pension Investment Board is being integrated into another one of PSP Investments’ assets, a clean power producer, developer and energy storage company. The integration of H2O Power by FirstLight Power represents the latter’s first venture into the Canadian market and brings its combined portfolio to […]

  • By: Staff
  • April 13, 2023 April 13, 2023
  • 12:30

A watchdog organization is criticizing a government fund dedicated to attracting investments in green technologies. “The government seems to be saying this is concessional finance,” says Adam Scott, executive director of Shift Action for Pension Wealth and Planet Health. “The goal [of the Canada Growth Fund] is to put the first money into higher risk investments […]

  • By: Staff
  • April 4, 2023 April 4, 2023
  • 12:30